Yuan Bets Reined In After ‘Masterful Job’ at G-20: China Credit
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Investors are paring bets on yuan gains after China deflected U.S. criticism of its currency policy at a Group of 20 summit, saying money-printing by the Federal Reserve may destabilize the global financial system.
One-month non-deliverable forwards at the end of last week indicated depreciation versus the dollar for the first time since Sept. 14, according to data compiled by Bloomberg. The